India Fact of the Day

• Its estimated that foreign businesses lose $500m (£250m) every year in India because of piracy
• Experts say half of the music sold on the streets is illegal, while 60% of movies sold in India are allegedly fakes
• Software companies, though, are bearing the brunt of the piracy trade. Figures indicate that 74% of software sold in India is counterfeit.
• "Now China still has a higher rate of piracy than India - but they've seen a 6-7% drop in piracy levels, in comparison to 2- 3% in India."

-India steps up fight against piracy